Willis Group Holdings announced that following receipt of all necessary regulatory approvals, it has completed its investment in Miller Insurance Services LLP, thereby creating a major London wholesale specialist insurance brokerage firm. “The transaction combines the firms’ respective wholesale businesses …
The U.S. Supreme Court on Monday ruled in favor of a Muslim woman who filed a lawsuit after she was denied a job at an Abercrombie & Fitch Co. clothing store in Oklahoma because she wore a head scarf for …
PZU SA, Poland’s biggest insurer, is in talks to buy two banks to form one of the nation’s largest lending groups after agreeing to acquire a stake in Alior Bank SA for 1.63 billion zloty ($431 million). “We want to …
The brokerage unit of Chinese financial firm Shenwan Hongyuan Group Co Ltd will stop lending money to clients to buy shares in Ping An Insurance Group, the latest move in China’s drive to tighten margin financing rules to curb stock …
RSA announced that it has promoted Ralph Daals to the role of Group Chief Auditor with immediate effect. He will report to Stephen Hester, Group Chief Executive, and Alastair Barbour, Chair of the Group Board Audit Committee. Daals will also …
A special report from A.M. Best notes that “for publicly traded reinsurance companies, stock prices ended the first quarter of 2015 well above the overall market, driven by the continued benign loss environment and strong performance by the largest four …
Prosecutors oppose a motion by former executives asking a judge to move their criminal case over a chemical spill. In Charleston federal court May 29, prosecutors wrote that ex-Freedom Industries officials Gary Southern and Dennis Farrell didn’t sufficiently prove that …
A former Birmingham-Southern College football recruit who said he was hazed and injured while he was trying to join a fraternity has filed a lawsuit against the college and the organization. Jonathan Ford, son of Alabama House Minority Leader Rep. …
Living in a (semi)-tropical paradise has a price – and apparently, not even going nine years without a major hurricane strike will change that. While Florida’s property insurance market has stabilized somewhat since eight storms battered the state in 2004 …
Lawsuits filed against five Kentucky tobacco farms claim they exploited migrant workers by paying substandard wages, providing squalid housing and threatening some with jail or deportation if they complained. The Courier-Journal reports Nashville-based Southern Migrant Legal Services filed three federal …
